Veteran investor Jordi Visser, a guest on Anthony Pompliano’s program, assessed recent developments in the global economy and offered critical warnings and predictions for investors.
Visser stated that if assets like silver and Dogecoin experience a breakout, Bitcoin will follow suit, and he expects this major upward wave to occur before the end of the summer.
Visser stated that while three interest rate cuts were expected in the markets at the beginning of the year, now interest rate increases are being discussed, and argued that the main factor behind this rapid change is inflation.
He stated that tensions, particularly those in Iran and the Strait of Hormuz, were putting pressure on supply chains, driving up oil prices and solidifying inflation expectations.
Visser said, “The probability of seeing 10% inflation by the end of the year is much higher than the probability of seeing 2%.”
However, he argued that the Fed has very limited room to aggressively raise interest rates due to increasing national debt and annual interest expenses reaching $1.4 trillion.
Visser stated that he shifted the cash he withdrew from AI and technology stocks to the silver and cryptocurrency markets, particularly highlighting solid-state battery technology for silver. Noting that China has broken records in silver imports, the investor argued that next-generation batteries require enormous amounts of silver compared to lithium, and that global supply will not be sufficient to meet this demand.
Visser, who predicts a breakout for cryptocurrencies and commodities by the end of summer, summarized the process as follows:
“If silver breaks through, if gold breaks through, if Dogecoin breaks through; Bitcoin will also break through. They will all move together, and I expect this to happen before the end of summer.”
Jordi Visser, noting that cryptocurrencies have historically thrived during times of crisis, argued that the US government will eventually have to print money (provide liquidity) to keep long-term bond yields under control, and this will be a driving force for the crypto ecosystem.
*This is not investment advice.